"What’s Next for Bitcoin (BTC)? — Analysis for May 8, 2025" 🔥🔥

Technical Analysis:

Bitcoin is currently trading around $63,400.

In the past 24 hours, it has held strong above the $62,000 support level, which is a bullish signal.

Key Technical Levels:

Support: $62,000

Resistance: $64,800 – A breakout here could push price towards $66,500

RSI (4H): 58 – Neutral moving toward bullish

MACD: Bullish crossover (indicates buying pressure)

Trade Idea (Futures):

Entry: $63,500

Target 1: $64,800

Target 2: $66,500

Stop Loss: $62,400

Leverage (use with caution): 5x – 10x

Note:

This analysis is for educational purposes only. Always do your own research before trading.

#Bitcoin #BTCSignal #CryptoTrading #BinanceSquare #CryptoEnglish

$BTC

BTCUSDT

Perp

68,618.1

+0.15%